Egypt’s current account deficit widened to $2.8 billion in the July-September quarter from $1.4 billion in the same quarter of 2019 as the coronavirus ...
Lebanon’s 2019 budget deficit will be much bigger than expected owing to a “very concerning” decrease in state revenues, caretaker ...
The US government's budget deficit rose by $183 billion to $867 billion during the first 10 months of this budget year as spending grew more than ...
Egypt’s current account deficit widened to $7.6 billion in the first nine months of the 2018/19 fiscal year from $5.47 billion a year earlier, ...
Saudi Arabia is planning on operating a fiscal deficit of approximately $35 billion (just over five percent of GDP) for the year 2019. Once it has ...
Japan logged a trade deficit last year for the first time since 2015, with export growth slowing amid tensions between the country’s two biggest ...
Saudi Arabia’s Ministry of Finance announced some of the 2018 fiscal results, with spending reaching 1.03 trillion riyals with expenses of SAR 1 ...
Saudi Arabia’s Ministry of Finance revealed the fiscal and economic estimates for the coming five years, up until the budget of 2023. They ...
Morocco’s 2019 draft budget forecasts a deficit narrowing to 3.3 percent of gross domestic product in 2019, down from 3.8 percent expected in ...
While the protests across Iran continue against rising prices and the drop in living conditions, the Iranian parliament has agreed to increase water, ...
Bahrain’s cabinet has approved a draft budget for 2017 and 2018 that projects only slow progress in cutting the country’s budget deficit, ...
Saudi Arabia’s government is making faster than expected progress in cutting costs and that is the main reason for a stronger budget position so ...
The budget indicates that this year’s deficit was lower than originally expected
Shortfall will be covered by local and international debt issues, says Finance Minister
This comes on top of a $6.6 billion domestic debt program which is already underway
Expects to sell 3.75 mln barrels of oil per day next year at a price of $42 a barrel, higher than in recent months
The move is part of economic reforms aimed at countering falling oil revenues
Despite the decline in overall spending, salaries and capital spending still rose
The overall balance of payment deficit reached $3.7 billion
Auto and electronics exports rose by 26.2 percent and 26 percent respectively
Along with Bahrain, Oman is being hit particularly hard among the Gulf Arab energy exporting nations by oil’s slide
It is not immediately clear what percentage of GDP the deficit would account for in the new budget
Egypt hiring economic advisers could indicate upcoming bold steps by president-elect Abdel Fattah to fix state finances
Sisi has not given specifics on how he would reform subsidies, which eat up around a fifth of state spending.
The government did not announce when it will issue foreign bonds
Turkey’s budget shows a $1.6bn deficit last month, down from a$2.15bn in October last year
Jordan plans to raise power prices after doubling taxes on cellphones to offset a large budget deficit, despite warnings that such measures will ...
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